VETS 2 Small Business Joint Venture Matching Service
VETS 2 has been published at FBO.gov.
VETS 2 is an exceptionally complex RFP with stringent project experience requirements. Fedmarket is offering Proposal Writing Services based on the Draft RFP for veteran owned businesses to start on their proposals early.
Veteran-owned business interest in VETS 2 is exceptionally high because:
- The budget Is $ 5 Billion.
- The period of performance is 5 years with a five year option period.
- The procurement Is the single largest Veteran Owned Business IT GWAC ever awarded by the federal government.
VETS 2 project experience requirements are so stringent that all but the largest veteran-owned businesses will be forced to bid as part of a Joint Venture in order to qualify for an award. PSC project experience counts for 40 percent of the available evaluation points, and 10 projects are required for maximum points.
Each relevant project experience must be ongoing or have been completed within 5 years from the date proposals are due. Each project must have at least one year of performance unless one of the following situations exist:
- The project has an Interim or a Final CPARS.
- The project has a completed Award Fee Determination.
- The project had a base period of performance less than one year and that period of performance is complete.
No individual project value shall be less than $500,00 in total contract value. NOTE: Total value includes contract options for the total contract period.
Fedmarket is offering a complimentary VETS 2 Joint Venture Matching Service to assist veteran owned businesses in qualifying for VETS 2.
VETS 2 businesses will use the matching service to develop Joint Ventures as follows.
- Participants will submit a Project Experience Form for each of the company's qualifying, single projects. Project Experience Forms will include detailed instructions based on Draft RFP project experience requirements and can be used as part of a Joint Venture proposal.
- The set of Project Experience Forms from a participant will show the company name, contact information for the company's VETS 2 Coordinator, and RFP data element requirements. Participants will be divulging their project experience and contact information only to other VETS 2 participants.
- Fedmarket will compile a listing of all participants forms in Excel and provide access to the compilation to all participants.
- Participants forming Joint Ventures may ask that their forms be deleted from the listing. Fedmarket will keep all Forms strictly confidential and will not use the information for any purpose other than assisting VETS 2 participants..
- Fedmarket will delete all forms after the VETS 2 proposal due date.
Companies may be reluctant to show their project experience to others. Project experience is the most valuable asset that a small business can show the government to win federal IT contracts. The government is now demanding contract documents and information for contracting officials to verify the size, scope, and performance of IT projects. Accordingly, project experience is unique to you and cannot be used by others If you have the required proof of project value. And it may be advantageous to publish your experience to others for future joint bids.